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§ Private Profile · 115 Broadway Fl 5, New York, New York 10006, US
Smartfrog&Canary is a company.
Smartfrog&Canary develops consumer IoT solutions, specializing in smart home security and monitoring systems. Its core offering provides intelligent devices with live HD video and remote access, transforming physical spaces into connected environments. This approach utilizes an IoT technology stack for comprehensive surveillance and control.
The entity Smartfrog&Canary emerged following Smartfrog's acquisition of Canary in 2018. Smartfrog Group established itself as a pioneer in consumer IoT SaaS, driven by the insight that everyday objects could be made intelligent and interconnected. This move integrated their capabilities for the smart home market.
Smartfrog&Canary serves IoT users globally, assisting individuals in monitoring and securing their living spaces. The company's vision is to enhance safety and provide peace of mind through smarter, accessible homes. It empowers users with technology to safeguard what they value most.
Smartfrog&Canary has raised $65.0M across 3 funding rounds.
Key people at Smartfrog&Canary.
Smartfrog&Canary was founded in 2012 by Andreas Rudyk (Co-Founder) and Norbert Stangl (Founder & President).
Smartfrog&Canary has raised $65.0M in total across 3 funding rounds.
Smartfrog&Canary has raised $65.0M across 3 funding rounds. Most recently, it raised $25.0M Canary - Other Equity in October 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 15, 2018 | $25M Venture Round | Charles Fraenkl | — | Announced |
| Jun 1, 2015 | $30M Series B | Michael Marks | Bobby Yazdani, Flextronics, Khosla Ventures, TWO Sigma Ventures, Western Technology Investment | Announced |
| Mar 5, 2014 | $10M Series A | Benjamin Ling | Bobby Yazdani, TWO Sigma Ventures | Announced |
Key people at Smartfrog&Canary.
Smartfrog&Canary was founded in 2012 by Andreas Rudyk (Co-Founder) and Norbert Stangl (Founder & President).
Smartfrog&Canary has raised $65.0M in total across 3 funding rounds.
Smartfrog&Canary's investors include Charles Fraenkl, Michael Marks, Bobby Yazdani, Flextronics, Khosla Ventures, Two Sigma Ventures, Western Technology Investment, Benjamin Ling.
Smartfrog&Canary (also known as Smartfrog Group or Smartfrog & Canary Holding Inc.) is an international consumer IoT SaaS company that builds smart home security and access solutions, serving homeowners and businesses worldwide with affordable, DIY subscription services starting at around $7/month.[1][3][5] It offers products like Wi-Fi-enabled Canary cameras with AI-powered features such as person detection, night vision, two-way talk, geofencing, and video history, solving problems in traditional home security by providing easy setup without hubs, remote access, and integration with Alexa, Google Assistant, and Apple devices.[1][3][4] The company has raised $68.2M in funding, generates $32.2M in revenue, employs about 89 people, and boasts users in over 180 countries, positioning it as a category leader disrupting security and building tech with a full-stack IoT platform protected by 100+ patents.[1][3]
Smartfrog launched in 2015 in Europe (Dublin, Ireland) as the world's first 100% consumer IoT SaaS product, offering a subscription-based smart home security service with easy-to-install cameras and cloud storage starting at €5.95/month.[3][5] In 2018, it acquired a controlling majority stake in U.S. IoT pioneer Canary (founded 2012 in New York), investing $25M alongside Canary's investors to fuel growth; the companies merged, integrating Smartfrog's SaaS model into Canary's hardware like Canary View and Flex cameras, with headquarters now in NYC.[1][2][3][4] Post-merger, Smartfrog expanded via acquisitions like Gate Labs and Glue AB for smart locks, migrating services to the unified Canary system by 2022 while scaling from security to verticals like in-home delivery and pet care.[3][4]
Smartfrog&Canary rides the smart home IoT boom, capitalizing on rising demand for AI-driven security amid e-commerce growth (last-mile delivery) and aging populations needing elder/pet care solutions.[3] Timing aligns with post-2020 remote work surges and privacy-focused DIY tech, as consumers shun expensive pro installs for subscription models; market forces like 5G/Wi-Fi 6 enable seamless connectivity, while patents shield against copycats in a fragmented $100B+ sector.[1][3] It influences the ecosystem by pioneering consumer SaaS IoT, merging hardware-software for sustainable access (e.g., reducing failed deliveries), and expanding via M&A to challenge giants like Ring or Control4 with affordability and global reach.[2][3][4]
Smartfrog&Canary is poised to dominate consumer IoT SaaS by scaling its platform into high-growth verticals like secure in-home delivery and healthcare, leveraging acquisitions and patents for organic/M&A expansion amid IoT adoption.[3] Trends like AI edge computing, sustainable logistics, and voice assistants will accelerate its momentum, potentially doubling revenue as e-commerce and smart aging markets explode. Its influence could evolve from security niche leader to full-lifecycle IoT enabler, making "intelligent everywhere" truly accessible—echoing its mission to connect everyday life affordably and securely.[1][3]
